Clinical Biotechnology Research Institute At Rsfh
- Assets
- $34.1k
- Revenue
- $256.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Ladson, SC
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 47-5407453
Organization Overview
Clinical Biotechnology Research Institute At Rsfh is located in Ladson, SC. The organization was established in 2017. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2022, Clinical Biotechnology Research Institute At Rsfh employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clinical Biotechnology Research Institute At Rsfh is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Clinical Biotechnology Research Institute At Rsfh generated $256.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $746.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PATIENTS ACCESS TO CLINICAL RESEARCH TRIALS AND CUTTING-EDGE TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CBRI IS COMPRISED OF THE CLINICAL RESEARCH PROGRAM AND THE INNOVATION CENTER. THE ROBUST RESEARCH PROGRAM ALLOWS PATIENTS ACCESS TO THE NEWEST TREATMENTS AND CLINICAL TRIALS AVAILABLE FOR VARIED CONDITIONS. IT ALSO CREATES AN ATMOSPHERE OF INNOVATION, WHERE WE ARE BUILDING PARTNERSHIPS FOR THE DEVELOPMENT OF NEW THERAPIES AND ESTABLISHING AN INTELLECTUAL RESEARCH HUB IN THE LOWCOUNTRY. THE INNOVATION CENTER WAS CREATED TO TURN BIOTECHNOLOGY IDEAS INTO PRODUCTS/BUSINESSES BY RECRUITING IDEAS FROM PHYSICIANS AND RESEARCHERS ALL OVER THE WORLD. IDEAS THAT ARE SUBMITTED WILL BE EVALUATED BY THE INNOVATION CENTER TEAM TO DETERMINE FEASIBILITY AND MARKET POTENTIAL. IF THE IDEA IS SELECTED, THE TEAM WILL PUT TOGETHER A DEVELOPMENT PLAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chair, Neurosurgeon - Rsfpp | OfficerTrustee | 0.5 | $0 |
Name Not Listed Vice Chair, Bsmh Chief Clinical Officer | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Member; Chief Spons. Officer Prov Grp - Bsmh | Trustee | 0.5 | $0 |
Name Not Listed Board Member | Trustee | 0.5 | $0 |
Name Not Listed Board Member | Trustee | 0.5 | $0 |
Name Not Listed Board Member, Surgeon - Rsfpp | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $80,585 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,585 |
| Total Program Service Revenue | $175,838 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,957 |
| Pension plan accruals and contributions | $9,379 |
| Other employee benefits | $67,191 |
| Payroll taxes | $33,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,746 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,880 |
| Advertising and promotion | $0 |
| Office expenses | $4,293 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,876 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,963 |
| Insurance | $3,660 |
| All other expenses | $1,420 |
| Total functional expenses | $746,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $34,790 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$712 |
| Total assets | $34,078 |
| Accounts payable and accrued expenses | $73,862 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,498,623 |
| Total liabilities | $2,572,485 |
| Net assets without donor restrictions | -$2,538,407 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,078 |